UNION ASSESSMENTS

6 Months Ended

Jun. 30, 2021

11.	UNION ASSESSMENTS

The Company employs members of the International Brotherhood of Electrical Workers Local 300 (IBEW). The union fee assessments payable are both withholdings from employees and employer assessments. Union fees are for monthly dues, defined contribution pension, health and welfare funds as part of multi-employer plans. All union assessments are based on the number of hours worked or a percentage of gross wages as stipulated in the agreement with the Union.

The Company has an agreement with the IBEW in respect to rates of pay, hours, benefits, and other employment conditions that expires May 31, 2022. During the three and six months ended June 30, 2021 and 2020, the Company incurred the following union assessments.

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020

Pension fund	$	68,690	$	67,676	$	187,122	$	140,846
Welfare fund		230,339		152,234		573,768		366,263
National employees benefit fund		19,365		15,235		53,046		35,753
Joint apprenticeship and training committee		3,522		2,369		15,646		5,210
401(k) matching		34,409		19,502		55,407		19,502
Total	$	356,325	$	257,016	$	884,989	$	567,574